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The financial cost of losing a loved one

A will is critical to ensure that your assets are dealt with as you wish.

Losing a family member, particularly a breadwinner, is a big blow to any family. The loss is compounded further when the deceased has not ensured that in the event of their loss, their families discomfort is eased through proactive behaviour to ensure some financial security. When passing, a person’s estate must be wound up, with all sorts of costs and taxes associated with it. Nompu Siziba discusses these costs with Alex Simeonides, the CEO of Capital Legacy.

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